Amazon.com, Inc. (NASDAQ:AMZN) is Trust Co. of Toledo NA OH’s 7th Largest Position

Trust Co. of Toledo NA OH lifted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 3.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 86,248 shares of the e-commerce giant’s stock after acquiring an additional 2,689 shares during the period. Amazon.com accounts for about 2.5% of Trust Co. of Toledo NA OH’s investment portfolio, making the stock its 7th largest position. Trust Co. of Toledo NA OH’s holdings in Amazon.com were worth $18,922,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Signaturefd LLC grew its holdings in shares of Amazon.com by 0.6% during the 2nd quarter. Signaturefd LLC now owns 262,511 shares of the e-commerce giant’s stock worth $50,730,000 after purchasing an additional 1,644 shares in the last quarter. Lee Danner & Bass Inc. acquired a new stake in shares of Amazon.com during the 2nd quarter worth approximately $31,840,000. Key Financial Inc grew its holdings in shares of Amazon.com by 0.8% during the 2nd quarter. Key Financial Inc now owns 26,736 shares of the e-commerce giant’s stock worth $5,167,000 after purchasing an additional 211 shares in the last quarter. Boston Financial Mangement LLC grew its holdings in shares of Amazon.com by 0.5% during the 2nd quarter. Boston Financial Mangement LLC now owns 197,587 shares of the e-commerce giant’s stock worth $38,184,000 after purchasing an additional 975 shares in the last quarter. Finally, Atlas Capital Advisors LLC grew its holdings in shares of Amazon.com by 631.3% during the 2nd quarter. Atlas Capital Advisors LLC now owns 45,715 shares of the e-commerce giant’s stock worth $8,834,000 after purchasing an additional 39,464 shares in the last quarter. 72.20% of the stock is owned by institutional investors.

Amazon.com Stock Up 1.9 %

NASDAQ AMZN opened at $235.01 on Thursday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.87. The stock has a market capitalization of $2.47 trillion, a PE ratio of 50.32, a PEG ratio of 1.26 and a beta of 1.14. Amazon.com, Inc. has a 1 year low of $151.61 and a 1 year high of $235.44. The business’s 50-day moving average is $218.73 and its 200 day moving average is $196.68.

Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, October 31st. The e-commerce giant reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.29. Amazon.com had a net margin of 8.04% and a return on equity of 22.41%. The firm had revenue of $158.88 billion during the quarter, compared to analyst estimates of $157.28 billion. During the same period last year, the business earned $0.85 earnings per share. The business’s revenue was up 11.0% on a year-over-year basis. Sell-side analysts forecast that Amazon.com, Inc. will post 5.39 earnings per share for the current year.

Insider Buying and Selling

In other Amazon.com news, CEO Douglas J. Herrington sold 5,502 shares of Amazon.com stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $205.81, for a total value of $1,132,366.62. Following the completion of the sale, the chief executive officer now owns 518,911 shares of the company’s stock, valued at approximately $106,797,072.91. The trade was a 1.05 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jeffrey P. Bezos sold 2,996,362 shares of the business’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $208.85, for a total transaction of $625,790,203.70. Following the sale, the insider now directly owns 917,416,976 shares of the company’s stock, valued at approximately $191,602,535,437.60. The trade was a 0.33 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 6,032,344 shares of company stock worth $1,253,456,822 in the last three months. Insiders own 10.80% of the company’s stock.

Analyst Upgrades and Downgrades

AMZN has been the topic of several recent analyst reports. Bank of America boosted their price target on Amazon.com from $210.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Deutsche Bank Aktiengesellschaft boosted their price target on Amazon.com from $225.00 to $232.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Moffett Nathanson boosted their price target on Amazon.com from $235.00 to $248.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Rosenblatt Securities boosted their price objective on Amazon.com from $221.00 to $236.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Finally, Wedbush boosted their price objective on Amazon.com from $250.00 to $260.00 and gave the stock an “outperform” rating in a research note on Monday, January 6th. Two equities research analysts have rated the stock with a hold rating, forty-two have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $247.72.

Amazon.com Profile

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.